Forex Trend Analysis Report
Prepared for you on Monday, November 30, 2020.
Argentine Peso/Colombian Peso (FOREX:ARSCOP)
Strong Downtrend (-100) - ARSCOP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ARSCOP?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARSCOP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ARSCOP
The long-term trend has been DOWN since Jun 1st, 2020 at 55.316962
The intermediate-term trend has been DOWN since Oct 11th, 2020 at 50.264678
The short-term trend has been DOWN since Oct 21st, 2020 at 49.606124
Smart Scan Analysis for ARSCOP
Based on our trend formula, ARSCOP is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).